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4518 Olde Plantation Pl, Destin, FL, 32541

$6,995,000

5 Bedrooms
5 Full Baths, 1 Partial
7,027 SqFt
$995/SqFt
House

Location

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Property Highlights

Home TypeSingle Family Residence
Attached Garage3 spaces
Year Built2007
CoolingCeiling Fan(s)
FireplaceGas Fireplace
ViewBayou
Private PoolYes
MLS #963262
Lot Size0.82 Acres
StatusActive

About 4518 Olde Plantation Pl

Nestled within the prestigious gates of Kelly Plantation, this fully renovated waterfront estate is the epitome of luxury living and the ultimate playground for water enthusiasts, situated on 145 feet of majestic western facing bayou vistas. Thoughtfully reimagined by Duce & Co, this regal residence boasts brilliant design details, an expansive open floor plan, and a custom-tailored dock featuring an 80-foot deep water boat slip with additional pontoon slip, as well as jet ski slips. With 145 feet of bayou frontage on wide, deep water, this home offers unparalleled access to Destins vibrant waterways and the luckiest fishing village on earth! This rare opportunity combines elegance and functionality, situated on a lot graced with mature live oaks and magnolias, and newly installed tropical modern landscaping that accentuates its impressive architectural facade. From the moment of arrival, the stunning brick paver circular drive and porte-cochère set a tone of sophistication, leading to custom designed solid wood entry doors that open into a grand foyer with double height ceiling. Inside, the homes refined craftsmanship is immediately apparent, with soaring 23-foot ceilings in the living room, a dramatic newly minted solid marble fireplace, and an adjoining formal dining room perfect for hosting guests. The wood clad study/library exudes timeless charm with custom-built shelving. The luxurious primary wing is a private retreat, featuring a spacious waterfront bedroom, two large walk-in closets, and a spa-inspired bath complete with a soaking tub, a large double vanity, a private water closet, and a walk-in shower. The heart of the home unfolds in the open concept living area, where a large casual dining space flows into the fully renovated chefs kitchen. The kitchen dazzles with custom cabinetry, gleaming stone countertops, an expansive breakfast bar, a walk-in pantry, and premium Viking appliances, including a gas cooktop and double dishwashers anchored in the oversized center island. Adjacent is the leisure room, where sliding glass pocket doors open at a 45-degree angle to seamlessly connect indoor and outdoor living. Designed for entertaining and family living, the property includes two ensuite guest rooms on the main level, a generously sized laundry center, and a second-floor media room, complete with a 100 + big screen television and finely appointed luxury recliners. Upstairs, there are two additional ensuite bedrooms and a 12.5 x 29 heated and cooled storage room as well as a glass railed balcony for soaking in the bayou vistas at sunset. Throughout the home, exquisite touches abound, from deep crown molding and custom floors to designer lighting and thoughtful lighting detail & finishes, reflecting unparalleled attention to craft. The outdoor living area is a private oasis, featuring a newly built summer kitchen, a massive resort style pool with a tranquil water feature, and a private dock equipped with boat slips and watercraft lifts. Designed to accommodate a large 80 vessel, the dock provides seamless access to the open bay just three lots away, making it a short ride to Crab Island, Destin Harbor, and the Gulf of Mexico. For peace of mind, the property includes a generator access. Fully renovated, this home is a true masterpiece offering waterfront living at its finest. If youre seeking an unparalleled combination of elegance, functionality, and access to world-class boating, golfing, white sand beaches as well as the world class restaurants and shopping nearby, this Kelly Plantation residence is your ultimate destination. Reach out to us today for more information.

Property Details

Property Features

Property Information:

  • Year Built: 2007
  • Stories: 2
  • Living Area: 7,027 SqFt

Listing Office:

  • Office Name: Compass
  • Office Email: brokerfl@compass.com
  • Listing Agent: Spears Group

Interior Features

Interior Information:

  • Appliances: Dryer, Microwave, Refrigerator, Refrigerator, Ice Maker, Gas Oven, Washer
  • Flooring Type: Tile
  • Interior: Breakfast Bar, Cathedral Ceiling(s), Ceiling Crown Molding, Raised Ceiling, Tray/Cofferd Ceiling, Kitchen Island, Recessed Lighting
  • Fireplace: Gas Fireplace

Bedroom and Bathroom Information:

  • Partial Bathrooms: 1
  • Full Bathrooms: 5
  • Total Bedroom Count: 5

Exterior Features

Exterior Information:

  • Private Pool: Yes
  • View: Bayou
  • Exterior: Balcony, BBQ Pit/Grill, Boat Slip, Columns, Dock, Fenced Back Yard, Patio Covered, Pool - Heated, Pool - In-Ground, Summer Kitchen

Parking Information:

  • Garage Space: 3 spaces
  • Attached Garage: Yes

Lot Features

Lot Information:

  • Lot: Seawall, Covenant/Restriction, Sidewalk, Within 1/2 Mile to Water
  • Lot Size: 0.82 Acres

Utilities

Utilities Information:

  • Cooling: Ceiling Fan(s)

Other

Directions Information:

  • Directions: From Hwy 98, just east of Home Depot and Fresh Market, turn north onto Kelly Plantation, through guard gate to Stilling Circle. Take first right off circle onto Matties Way to next circle. Take second right off circle continuing on Matties Way, first right onto Olde Plantation Place, home is on the left.

Price Information

Listing Price Info

Price Summary:

  • List Price: $6,995,000
  • Price Per SqFt: $995/SqFt

HOA Fees:

  • Amount: $800
  • Frequency: Quarterly

Tax Information:

  • Annual Amount: $23,426
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Destin, FL.

Med. Sold Price

$627.3K

Med. Price/SqFt

$380

Avg. Days On Market

117

# of Sold Homes

36

4518 Olde Plantation Pl vs Destin

30 DAYS ON ROCKET

-87 Days

$6,995,000

+$6.3M More

$995/SqFt

+$615 More

KEY TAKEAWAY

This property is $6.3M more than the Median Sold Price and $615/SqFt more than other homes in Destin, FL.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: Emerald Coast Association of REALTORS®
  • MLS Number: #963262

Listing Office:

  • Office Name: Compass
  • Office Email: brokerfl@compass.com
  • Listing Agent: Spears Group

IDX Information Deemed Reliable but not guaranteed. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All listings are provided courtesy of the Emerald Coast Association of Realtors, Copyright 2024. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 12/18/2024, 7:21:09 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 16, 2018Home Sold
$3,100,000
Jul 19, 2005Home Sold
$1,855,000
Jun 18, 2004Home Sold
$1,250,000
Aug 11, 2000Home Sold
$600,000
Oct 07, 1999Home Sold
$500,000
Jun 17, 1998Home Sold
$475,000
Jun 25, 1996Home Sold
$325,000

Tax History

YEARPROP. TAXASSESSMENT
2020$23,426$2,128,877
2018$17,002$1,511,552
2017$16,977$1,480,462

History based on county public records data.

Payment Calculator

$35.2K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$21K

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-75195
7
/10
  • Destin Elementary School

  • 630 Kelly St

  • 2.55 miles

  • Public District Grades PK-4

school-card-donut-75196
10
/10
  • Bluewater Elementary School

  • 4545 Range Rd

  • 6.25 miles

  • Public District Grades KG-5

school-card-donut-75197
9
/10
  • Eglin Elementary School

  • 200 Gaffney Rd

  • 7.27 miles

  • Public District Grades KG-4

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $116,708. Most Destin, FL residents have annual incomes between $35k-100k. Most families are married, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 4518 Olde Plantation Pl

What is the listing price of this property?

The listing price of 4518 Olde Plantation Pl property is $6,995,000.

What type of property is this?

The property 4518 Olde Plantation Pl is a house located in Destin, Florida, 32541.

Is this property for sale now?

Active Listing: 4518 Olde Plantation Pl is For Sale (Active/New) which means the seller is accepting offers.

What is the annual property tax for this property?

According to the records, the last property tax for 2020 is $23,426 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 16, 2018 for $3,100,000. (source: MLS/tax record).

How many bedrooms and bathrooms does this property have?

The property at 4518 Olde Plantation Pl has 5 bedrooms and 5 full and 1 half bathrooms.

What is the square footage of this property?

The property 4518 Olde Plantation Pl is 7,027 SqFt (source: MLS/tax record).

Which year was this property built?

The year of construction for 4518 Olde Plantation Pl is 2007.
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Rocket HomesFloridaOkaloosa CountyDestin325414518 Olde Plantation Pl

This home is located at 4518 Olde Plantation Pl in Destin, FL and zip code 32541. This 7,027 square foot home, which was built in 2007, sits on a 0.82 acre lot. Features: 5 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since November 18, 2024 and is currently priced at $6,995,000.

Destin, FL housing market in November 2024 saw over 0 listings sold above listed price, more than 4 sold at listed price and over 31 sold below. The number of listings in Destin, FL increased by 4.6% between October 2024 and November 2024. While the average time on the market in November 2024 was 117 days, the median list price was $627,355.

From Rocket Homes Real Estate and based on county public records data.

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